Used Car Loan
Loan Comparison Meter
Here you can compare all loans on the basis of
typical interest and choose according to your compatibility
Used Car Loan EMI Calculator
As you are planning to go for Used Car Loan, EMI plays an important role. Will EMI fit into your monthly budget or not is an important factor. That’s why EMI calculator will help you come out of this dilemma. It will help you identify your monthly repayments, total interest payable and total
Advantages Of Choosing Used Car Loan
Loans up to 90% of asset value
This makes pre-owned luxury cars much easier to own
Refinance Against Used Cars
Today Lenders have various schemes wherein you can even have 200% Loan against the current valuation of your Car. This Loan is easily available and can be used for fulfilling your immediate Cash requirements.
Flexible repayment terms up to 60 months i.e. 5 years
This means Easy and comfortable EMI’s on your pocket.
Simple and easy documentation
We can help you in three ways – Book An Appointment with our Loan Expert or Request a Call back to Understand the products and features available or Apply Online on www.Loanqubes.com
Instant Approval and Quick disbursal hassle-free process
Car Loans are usually disbursed in 2-3 days making it easy for you to Buy your dream car
Competitive Interest Rates
Most Lenders offer fixed interest rates based on your Credit score. Insurance costs of a pre-owned car are lesser compared to a new car – As Insurance costs are always calculated on current valuations of the car which is much lesser than the new car price
Minimal processing fee
You can avail good benefits by availing schemes time to time floated by the various Lenders
Digital and free door step-service
Book your Appointment on Loanqubes.com and avail free door step services wherein our Loan Experts will guide you smoothly through the whole process of Applying for the Loan and availing the maximum benefits of the Loan
Affordable low installment EMIs
This enables you to invest your surplus savings in alternate investments with high interest rates.
Am I Eligible For Used Car Loan?
Almost anybody who fulfills the basic used car loan eligibility criteria can apply for a second hand car loan in India. The basic requirements to take up any loan are driven by the age, employment status and other demographical factors of the car loan subscriber along with of course, their repayment capacity.
The common requirements, irrespective of the financial institution or loan amount, for an individual to be eligible for a used car loan approval include:
Is Used Car Loan the best choice for me?
Apply Online for Used Car Loan in India if you want to own a car. The second-hand car will generally cost less than the new car. This loan is immensely pocketing friendly for customers.
The used car loan offers a dimension of simplicity, transparency and hassle-free experience that makes you to choose it. And yes, Used Car Loan is a big gift to buyers as these have low interest rates.
Hence, the Used Car Loan let you drive home that particular car you have always desired for and you can easily apply online for used car loan in India.
What Documents Are Required To Apply For Used Car Loan?
Below mentioned are the common documents which are required for applying for a Used Car Loan
Residence proof–Passport, Driving License, Registered Rent Agreement
Income Proof: Latest Salary Slip, Form 16
Completely filled personal loan application with 2 photograph
Bank Statements for the last 6 months
IT Return with Form 16 for the past 2 years
Last 3 months salary slips
KYC Documents which include PAN Card, Aadhar Card, Voter ID for Identity & Age Proof
Residence proof –Passport, Driving License, Registered Rent Agreement
Completely filled personal loan application with photograph
Bank Statements for the last 6 months
IT Returns for the last 2 years
Evidence of doing business like GST registration
Last 3 years CA certified/audited balance sheet and Profit & Loss account
For Self- employed
Steps To Apply For Online Used Car Loan